DeWine Releases “Investing in Ohio” Budget; More Funding for Broadband, Infrastructure/Site Readiness, Workforce Development & Small Biz Grants
Friday, March 05, 2021
Governor Mike DeWine announced his administration’s executive budget proposal for fiscal years 2022 and 2023. Joined by Lieutenant Governor Jon Husted and Office of Budget and Management Director Kimberly Murnieks, Governor DeWine walked through the highlights of the two year spending plan.
Altogether, the budget proposes spending $85.76 billion in FY22 and $85.81 billion in FY23 in federal and state funding.
The actual legislative language is not available yet, so while the Governor’s spending plans and priorities and his announced policy initiatives are known, there are still more details and proposals to come.
Budget Proposal Highlights
Governor DeWine, in touting the two-year spending plan, noted that the proposal does not raise taxes and does not tap the state’s rainy-day fund. The Governor attributed that to the administration’s forethinking at the onset of the pandemic including trimming state spending and prudent use of federal relief funds.